Latest Joint Venture News

Jupiter Energy maintained steady oil production and reported US$2.18 million in domestic sales for Q2 2026, with all output sold to Kazakh refineries and no exports during the quarter.

Beam Communications reported a $168K operating cash outflow in Q4FY26 due to one-off costs but underlying cashflow excluding these was positive. The company ended the quarter with $4 million cash after a capital return and is exploring asset sales and shareholder returns to reposition for growth.

Ardea Resources pushes back the completion of its Kalgoorlie Nickel Project DFS to pursue optimisation opportunities, while securing strong multi-level government backing and maintaining a robust financial position.

Patronus Resources has kicked off its 2026 exploration season with promising high-grade gold results at the Tally Ho deposit in the Northern Territory and secured full ownership of the Guppy prospect in Western Australia, while executing a strategic uranium rights sale.

Great Southern Mining has kicked off a 1,300m diamond drilling program at Mt Dillon, the highest-priority target in its Edinburgh Park Project, backed by Gold Fields’ funding and expertise.

Raiden Resources progresses environmental approvals for its Brazilian gold tailings project, identifies new arsenic anomalies in Bulgaria, and moves to sell a major stake in its Western Australian nickel project.

Horizon Gold's Definitive Feasibility Study for the Gum Creek Project outlines a robust 10-year open pit mine plan with strong financial returns and production targets, setting the stage for a Final Investment Decision in mid-2027.

88 Energy has boosted its South Prudhoe oil prospects by 35%, securing key assets and advancing drilling plans for Q1 2027 while reducing capital risk in Namibia.

Ardea Resources is pushing forward its Kalgoorlie Nickel Project’s Goongarrie Hub with a fully funded $98.5 million Definitive Feasibility Study, underpinned by multi-jurisdictional government support and strategic partnerships with Japanese industry giants.

Triangle Energy (ASX:TEG) and its key subsidiaries have appointed a voluntary administrator amid financial pressures linked to offshore decommissioning obligations. The move follows similar steps by related operators and signals ongoing regulatory and creditor negotiations ahead.

Canterbury Resources is pushing ahead with a large-scale drilling program at its Briggs Copper Project while integrating its newly acquired Monto Project, setting the stage for a Pre-Feasibility Study on a potential tier-one copper operation.

Koonenberry Gold Limited has locked in $4 million through a share placement to accelerate drilling and geochemical studies across its NSW projects, including the newly acquired Gundagai.